SG&A Efficiency Analysis: Comparing NVIDIA Corporation and International Business Machines Corporation

SG&A Efficiency: NVIDIA vs. IBM Over a Decade

__timestampInternational Business Machines CorporationNVIDIA Corporation
Wednesday, January 1, 201422472000000435702000
Thursday, January 1, 201519894000000480763000
Friday, January 1, 201620279000000602000000
Sunday, January 1, 201719680000000663000000
Monday, January 1, 201819366000000815000000
Tuesday, January 1, 201918724000000991000000
Wednesday, January 1, 2020205610000001093000000
Friday, January 1, 2021187450000001940000000
Saturday, January 1, 2022174830000002166000000
Sunday, January 1, 2023179970000002440000000
Monday, January 1, 2024295360000002654000000
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SG&A Efficiency: A Tale of Two Giants

In the ever-evolving tech landscape, understanding operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: NVIDIA Corporation and International Business Machines Corporation (IBM). Over the past decade, IBM's SG&A expenses have shown a steady decline, dropping from approximately $22 billion in 2014 to $18 billion in 2023, a reduction of about 18%. In contrast, NVIDIA's SG&A expenses have surged, reflecting its rapid growth and expansion, increasing from $436 million in 2014 to $2.44 billion in 2023, a staggering 460% rise. This divergence highlights IBM's focus on cost efficiency and NVIDIA's aggressive investment in scaling operations. As we look to 2024, IBM's expenses are projected to spike, potentially indicating strategic shifts. This comparison offers a window into the strategic priorities and market positioning of these tech behemoths.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025